NEW YORK, March 21 — Major US stock indices dipped early today as oil prices continued to climb and US Treasury yields rose amid the Russian war on Ukraine.
Meanwhile, the yield on the 10-year US Treasury note advanced further above two per cent as markets digest the Federal Reserve’s decision last week to lift interest rates. Stocks are coming off a strong week, with the S&P 500 piling on more than six per cent amid bargain hunting and positive trading momentum.